Meta dominates VR market, but Reality Labs division posts $5 billion loss for the quarter

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Meta’s Reality Labs division achieved a significant milestone in Q4 2024, generating $1.1 billion in sales, primarily driven by the success of the Meta Quest 3 headset. This impressive figure underscores Meta’s dominance in the consumer VR gaming market, where the Quest 3 holds most of the market share. Unfortunately,…

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